via Khmer NZ
07/15/2010
The Saigon Thuong Tin Commercial Bank (Sacombank) on July 15 launched a credit support package for business operations in Cambodia.
The aim is to accelerate trade between the two countries and help Vietnamese businesses to promote their products in the Cambodian market.
Those exporting products to Cambodia will enjoy a Vietnam dong loan rate of 12 percent per year while their partners in Cambodia will be offered a US dollar loan rate of 8 percent per year. Others importing products from Cambodia will have their transport costs reduced by 30 percent from now to the end of the year.
The programme will run until October 12, 2010.
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